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by jkestner 2140 days ago
Vocal, as in he did the usual billionaire dissembling about how Warren's wealth tax would take 90% of his fortune and kill innovation. https://www.cbsnews.com/news/elizabeth-warren-would-love-to-...
1 comments
evan_ 2140 days ago
and of course 10% of his fortune is still more than all the money made in the lifetime of every person Who will read this combined
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jkestner 2140 days ago
And Warren's actual proposed rate, 3% for everything over $1 billion, is outpaced by the 11% annual rate of return for the S&P 500 over the last 30 years. A wealth tax would just slow down how fast the rich get richer.
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